Subsidiary of HDFC therefore we can expect good management from this company. This company has give a 25% returns on yoy. The major share holder is HDFC (61%). Dividend paying company, its a slow mover but assured returns. The future of this company is bright and can be a multibagger.
Technically the best level to invest in company is at 130 & 160. Above 160 the scrip can move to 174 levels and than to 191. But due to unfavorable political situation in India we buy this scrip with a Stop loss of 160 and book profit periodically.
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